VANCOUVER, July 18 /CNW Telbec/ - CN and Canadian Pacific (CP) today
announced an agreement allowing the Deltaport Division of a jointly owned rail
subsidiary to manage rail switching operations for CN's and CP's intermodal
trains at Deltaport, a marine container terminal located at Roberts Bank,
40 kilometres south of Vancouver's inner harbour.
"Deltaport Division will streamline the logistics chain at the terminal,
generating greater efficiencies in the overall rail and port operation," said
Keith Creel, CN executive vice-president, Operations. "These service and
productivity gains support Canada's Asia-Pacific Gateway Initiative, which
aims to bolster the competitiveness of the nation's west coast ports."
CN and CP move approximately 70,000 TEUs (twenty-foot equivalent
containers) into and out of Deltaport each month. Container cars must be
switched into the terminal tracks for loading and unloading.
Kathryn McQuade, CP's executive vice-president and chief operating
officer, said: "More specifically we expect Deltaport Division will enhance
the fluidity and capacity of both railways calling at Deltaport and deliver
better service to our port and terminal partners within the Pacific Gateway."
The railways' Deltaport switching agreement represents another positive
development in CP's and CN's directional running zone in the Fraser Canyon and
Co-Production operating agreements in the greater Vancouver area.
CN - Canadian National Railway Company and its operating railway
subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific
oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert,
B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key
metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth,
Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, and
Jackson, Miss., with connections to all points in North America. For more
information on CN, visit the company's website at www.cn.ca.
About Canadian Pacific
Canadian Pacific, through the ingenuity of its employees located across
Canada and in the United States, is committed to being the safest, most fluid
railway in North America. Our people are the key to delivering innovative
transportation solutions to our customers and to ensuring the safe operation
of our trains through the more than 900 communities where we operate. Our
combined ingenuity makes Canadian Pacific a better place to work, rail a
better way to ship, and North America a better place to live. Come and visit
us at www.cpr.ca to see how we can put our ingenuity to work for you. Canadian
Pacific is proud to be the official rail freight services provider for the
Vancouver 2010 Olympic and Paralympic Winter Games.
For further information:
For further information: Mike LoVecchio (Media), Senior Manager, Media
Relations, Canadian Pacific, (778) 772-9636, email@example.com; Janet
Weiss (Investment Community), Assistant Vice-President, Investor Relations,
Canadian Pacific, (403) 319-3591, firstname.lastname@example.org; Mark Hallman (Media),
Director, Communications, Media, CN, (905) 669-3384, email@example.com;
Robert Noorigian (Investment Community), Vice-President, CN, (514) 399-0052,